NYC Health + Hospitals closes 65% of $1.8B budget shortfall

At the end of fiscal year 2019, NYC Health + Hospitals reported that it was able to close 65 percent of its $1.8 billion budget gap.

"Financial stability is a critical part of our transformation plan, and our fiscal year end shows that we are on the right track — we are achieving our goals and exceeding our budget expectations," said system President and CEO Mitchell Katz, MD.